June 10, 2016

Vietnam seafood exports to South Korea seen to rise

Vietnamese seafood exports to South Korea should increase significantly this year because of the free trade agreement between the two countries, which took effect last December, the Korea Fishery Trade Association (KFTA) said.

Representatives of KFTA and the Vietnam Association of Seafood Exporters and Producers (Vasep) met recently at the press briefing for the Busan International Seafood & Fisheries Expo (BISFE), the largest international seafood trade exhibition in South Korea, which will be held on Oct. 27-29.

At the press briefing, the Korean representative said the Korean market favors seafood products from Vietnam like shrimp, pangasius, tilapia because of they were safe and hygienic.

"We will strive to do our best to introduce potential exporters to Vietnamese exhibitors at BISFE to create conditions for the two sides to develop business connections and come up with a trade agreement right at the fair", a KFTA representative said.